. Order execution should only occur if the price breaks the pattern’s resistance.\ Alternatively, wait for the price to close above the upper trend line of the handle, subsequently place a limit order slightly below the pattern’s breakout level, attempting to get an execution if the price retraces. There is a risk of missing the trade if the price continues to...
After a hefty New york session between trying to break under 1953 (which has held as support) we finally had multiple (9) 4h candles close above the zone New high was created Daily close was bullish Considering holding a Buy from 1959 areas - 1962 area My stoploss slightly under 1954
We inally broke support turning into newly formed rtesistance hopefully Targeting 1938
getting the idea bulls will b in control this week, hopefully , hope you guys have a good trading week
Closed below 1937 .. - bearish technically BUT Lord the amount of FUNDAMENTALS that will unfold next week, are putting me on BUY mode